Incremental Term B-2 Lender definition

Incremental Term B-2 Lender means, at any time, any Lender that has an Incremental Term B-2 Commitment or an Incremental Term B-2 Loan at such time.
Incremental Term B-2 Lender means a Person with an Incremental Term B-2 Commitment to make Incremental Term B-2 Loans to the Parent Borrower on the Amendment No. 4 Effective Date, which for the avoidance of doubt may be an existing Term Lender and any other Person holding an Incremental Term B-2 Loan from time to time.
Incremental Term B-2 Lender and a “Term Lender”, and shall have a commitment to provide New Refinancing Term Loans in accordance with the terms hereof (i) in the case of the Refinancing Fronting Term Lender, in an aggregate principal amount equal to the outstanding principal amount of Existing Term B-2 Loans in effect as of the Amendment No. 8 Effective Date minus the aggregate Rollover Amount for all other New Refinancing Term Lenders and (ii) in the case of each Rollover Lender, in the amount equal to such Lender’s Rollover Amount (each such commitment, a “New Refinancing Term Loan Commitment”), as applicable, and shall have all of the rights and obligations of a “Lender”, “2022 Incremental Term B-2 Lender” and “Term Lender” under the Amended Credit Agreement and the other Loan Documents. On the Amendment No. 8 Effective Date, each Existing Term B-2 Lender (in its capacity as such, but not in any other capacity) shall cease to be a Lender party to the Credit Agreement (and, for the avoidance of doubt, shall not be a party to the Amended Credit Agreement with respect to

Examples of Incremental Term B-2 Lender in a sentence

  • The Term Commitment of each Incremental Term B-2 Lender was automatically and permanently reduced to $0 upon the making of such Lender’s Incremental Term B-2 Loans pursuant to Section 2.01(a)(ii).

  • Subject to the term and conditions set forth in Amendment No. 5, each 2022 Incremental Term B-2 Lender has severally agreed to make, on the Amendment No. 5 Effective Date, a single loan in Dollars in an aggregate principal amount equal to its 2022 Incremental Term B-2 Loan Commitment.

  • Subject to the terms and conditions set forth herein and in the Incremental Amendment No. 3 (including, for the avoidance of doubt, Section 3.2 hereof), each 2017 Incremental Term B-2 Lender agrees, severally and not jointly, to and shall make, on or prior to the date falling on the last day of the Certain Funds Period, a 2017 Incremental Term B-2 Loan in Dollars to the Borrower in a principal amount equal to such 2017 Incremental Term B-2 Lender’s 2017 Incremental Term B-2 Loan Commitment.

  • The Parent Borrower agrees to pay on the Amendment No. 4 Effective Date to each Incremental Term B-2 Lender, as fee compensation for the funding of such Lender’s Incremental Term B-2 Loan, a funding fee (the “Amendment No. 4 Funding Fee”) in an amount equal to 0.25% of the stated principal amount of such Lender’s Incremental Term B-2 Loans funded on the Amendment No. 4 Effective Date.

  • The Administrative Agent consents to each Incremental Term B-2 Lender making the Incremental Term B-2 Loans pursuant to this Amendment.

  • Those sick with tuberculosis will be provided WFP food in health centres.

  • Each Incremental Term B-2 Lender represents and warrants that it is sophisticated with respect to transactions of the type that are the subject of this Amendment, and that it has had ample opportunity to review this Amendment with its employees and advisors (legal, financial, tax and otherwise) and to negotiate the terms and conditions of this Amendment.

  • The Administrative Agent shall have received a completed Administrative Questionnaire from the Initial Incremental Term B-2 Lender.

  • The Incremental Term B-2 Commitment of each Incremental Term B-2 Lender shall be automatically terminated on the Amendment No. 4 Effective Date upon the borrowing of the Incremental Term B-2 Loans on such date.

  • The Incremental Term B-2 Lender, the Parent Borrower and the Administrative Agent acknowledge and agree that the Incremental Term B-2 Commitments provided pursuant to this Agreement shall constitute Incremental Commitments for all purposes of the Credit Agreement and the other applicable Loan Documents.


More Definitions of Incremental Term B-2 Lender

Incremental Term B-2 Lender and a “Lender” under the Amended Credit Agreement and the New Incremental Term Commitments shall be deemed to constitute “Term Commitments” and “Commit- ments” under the Amended Credit Agreement. As used herein, the New Incremental Term Loans and the New Refinancing Term Loans are collectively referred to as the “New Term Loans” or the “2022 Incremental Term B-2 Upsize Loans”; the New Incremental Term Lenders and the New Refinancing Term Lenders are collective referred to as the “New Term Lenders” or the “2022 Incremental Term B- 2 Upsize Lenders”. Section 4.
Incremental Term B-2 Lender shall have the meaning assigned to such term in the Fourth Incremental Assumption and Amendment Agreement, together with its successors and assigns.
Incremental Term B-2 Lender means a Lender identified as an Incremental Term B-2 Lender on its signature page to an Incremental Joinder Agreement in connection with Amendment No.2.
Incremental Term B-2 Lender means GECC, in its capacity as Term Lender with respect to the Incremental Term B-2 Loan Commitment.
Incremental Term B-2 Lender means a Lender holding Incremental Term B-2 Loans.

Related to Incremental Term B-2 Lender

  • Incremental Term Lender means a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term Loan.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Incremental Term Loan Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing the Incremental Term Loans made by such Incremental Term Lender, and any amendments, supplements and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • Incremental Term Loan Amendment has the meaning assigned to such term in Section 2.20.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.

  • Term B Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Term B Loans hereunder. The amount of each Lender’s Term B Loan Commitment as of the Closing Date is set forth on Schedule 2.01. The aggregate amount of the Term B Loan Commitments as of the Closing Date is $4,700.0 million.

  • Incremental Lender means an Incremental Revolving Lender or an Incremental Term Lender.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Term Commitment means as to any Lender, the obligation of such Lender, if any, to make a Term Loan Advance to the Borrower in a principal amount not to exceed the amount set forth under the heading “Term Commitment” opposite such Lender’s name on Schedule 1.1.

  • Tranche B Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 or 9.02(c)(i).

  • New Term Lender a Lender that has a New Term Loan.

  • Incremental Term Borrowing means a Borrowing comprised of Incremental Term Loans.